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From mom-and-pop stores to Fortune 500 corporations, the family business as an institution is widespread and enduring—yet only 30 percent of family enterprises successfully transition to the next generation. In this accessible and deeply informed new book, family enterprise expert Emily Griffiths-Hamilton (author of Build Your Family Bank: A Winning Vision for Multigenerational Wealth) shares the secrets of successful multigenerational family enterprises. Through extensive research and personal and professional experience as a member of and advisor to family enterprises, Griffiths-Hamilton has developed an unconventional approach that looks beyond narrow business considerations to focus on the critical aspect of every family enterprise—the “family factor.” Successful multi-generational family enterprises, she explains, are animated by a unifying vision that rests on shared values. Mutual trust and strong communication skills are vital for families to articulate these foundational elements, which will then inform a “family enterprise framework” that can endure for generations. Planning for the long-term health of a family business doesn’t need to be complicated. Beginning with a single meeting, family enterprises of every shape and size can use the insights in this book to build robust frameworks that will reward their members for decades to come—not just financially, but with strengthened family connections, a shared sense of purpose, and perhaps most importantly, a bit of fun.
From one of the world’s leading authorities, a practical resource guide filled with the essential information you need to know about assisted reproduction Third-party reproduction is now easier, more accessible, and more successful than ever before, yet it is still a complex process. Before you start down this path to parenthood, there are important questions to consider such as, “How are sperm, eggs, and embryos screened?”, “How do I find a donor?”, or “What are the legal issues surrounding surrogacy?” Here, psychologist Kim Bergman—an expert in the field and a mother herself through assisted reproduction—provides the answers you need and more. Your Future Family provides a roadmap for navigating the journey of building a family through assisted reproduction. It outlines the very first steps you should take, the options available to you at each turn, and includes essential advice and tips to help set you up for success. Filled with personal anecdotes from Bergman’s own life, as well as the lives of her clients, this book brings the human element of creating a family this way to life. The definitive primer on assistant reproduction,Your Future Family provides a foundational knowledge of the entire process, includes essential facts, as well as a list of resources to help you along the way. Kim Bergman’s expertise and her open, honest approach will inspire confidence to fulfill your dreams of creating a family.
The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This book shows family businesses working together at their best.
Keep your family history alive for future generations! Old photos, genealogical documents, ancestors' stories, and artifacts are vital to understanding your family's past-and they belong to your family's future. This concise step-by-step guide will help you organize and pass your genealogy collection and family history to the next generation. Follow the PASS Process: (1) Prepare by organizing materials, (2) Allocate ownership, (3) Set up a genealogical "will," (4) Share with heirs. Whether you're new to genealogy or have years of experience, you'll find practical ideas and learn how to: sort your genealogy collection into logical categories . . . safely store and label your materials . . . inventory and index for new insights . . . decide what to keep and what to give away . . . write instructions for your collection's future . . . and bring family history alive now. Includes sample forms and links to online resources to help you put a personalized PASS plan into action. Reviewed by genealogy blogger Anna Mathews: "Each chapter in Marian's book is filled with great tips from her many years of experience in taking these steps herself. She shares many resources and stories along the way, showing us by example that organizing isn't taking away precious time from research, it can actually help us in our research, leading to discoveries we might not otherwise make." Reviewed by genealogy blogger Wendy Mathias: "Marian provides a PROCESS for making sure our years of hard work and treasures from our ancestors don't end up in a landfill. I emphasize PROCESS because the book is not a collection of handy-dandy tips and tricks. With what Marian calls 'the PASS system,' the overwhelming job of getting our 'stuff' ready to pass on is made logical and manageable."
Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.
As the first Muslim elected to Congress, Minnesota Democrat Keith Ellison explores what it's like to be an American in the twenty-first century. As a Black, Latino, and former Catholic who converted to Islam, Keith Ellison, is the first Muslim elected to Congress—from a district with fewer than 1 percent Muslims and 11 percent Blacks. With his unique perspective on uniting a disparate community and speaking to a common goal, Ellison takes a provocative look at America and what needs to change to accommodate different races and beliefs. Filled with anecdotes, statistics, and social commentary, Ellison touches on everything from the Tea Party to Obama, from race to the immigration debate and more. He also draws some very clear distinctions between parties and shows why the deep polarization is unhealthy for America. Deeply patriotic, with My Country ’Tis of Thee, Ellison strives to help define what it means to be an American today.
Disruptions are being caused in the workplace due to the development of advanced software technology and the speed at which these technological advancements are being produced. These disruptions could take diverse forms and affect various aspects of work and the lives of entities in the workplaces and families of the individual employees. Work and family are caught in the crossfire between technological disruptions and human adaptation. Hence, there is a need to assess the overall effect that the Fourth Industrial Revolution would have on work, employee work-family satisfaction, and employee well-being. Future of Work, Work-Family Satisfaction, and Employee Well-Being in the Fourth Industrial Revolution is a critical reference source that discusses practical solutions and strategies to manage challenges and address fears regarding the effect of the Fourth Industrial Revolution on the future of employment and the workforce. Featuring research on topics such as corporate governance, job satisfaction, and mental health, this book is ideally designed for human resource professionals, business managers, industry professionals, government officials, policymakers, corporate strategists, consultants, work-life balance experts, human resources software developers, business policy experts, academicians, researchers, and students.
Most family business owners and wealth creators share an important vision: perpetuating family and wealth for many generations to come. To ensure wealth continuity, many families put into place various structures, plans, and processes, including estate plans (which may include multiple trusts), ownership succession plans, governance structures/strategies, and others. These sometimes-elaborate plans are aimed at preserving family wealth. In reality, for many families, they don’t. In fact, it has been estimated that a majority of estate plans in place fail, largely as a result of family conflict or communication problems. Author David Lansky reveals here that too many one-size-fits-all and elaborate continuity plans fail to take into account the idiosyncratic family factors that can interfere with continuity planning. Lansky details further how building the right foundation will help families implement the best continuity plans. Addressing that foundation effectively includes understanding the building blocks that make it up, assessing their strengths, and developing strategies to improve them. The specific building blocks include:• Learning Capacity • Familyness • Safe Communication Culture • Commitment to Personal Development• Effective Leadership of Change While richly informative, this book is not intended as a training manual, but rather as a starting point for important ideas and conversations. In fact, the goal of this book is to help families consider several related factors that go into a foundation for continuity, and to build more effective continuity plans and strategies based on their assessments.
This work commemorates the twenty-fifth anniversary of the founding of the Italian Association of Family Enterprises (AIDAF). It does not adopt a retrospective perspective, nor is it a historical account. It is an essay about the future, taking the form of a dialogue between family businesses and the Italian academic community, combining scholarly rigor with pragmatism. It provides tangible points of reflection aimed at constructing and subsequently preserving the continuity and sustainability of the family-enterprise system. The dialogue is composed of twenty-five letters and their corresponding responses, organized into five sections: family, ownership, youth, business, and sustainability. The AIDAF-affiliated entrepreneurs pose inquiries on family business matters in the form of letters addressed to academics, who, in turn, provide concise essays in response. These exchanges encompass recurring issues such as generational succession, as well as more contemporary themes, such as sustainability and the management of large entrepreneurial families. The essay is not solely intended for AIDAF members; rather, it has been assembled to initiate a conversation with those who are involved with family businesses, including the new generations, entrepreneurs, managers, and professionals who collaborate with family enterprises, as well as students and enthusiasts of the subject. It is an invitation to those who harbor a curiosity about the world of family business. As in any dialogue, the hope here is to stimulate interest in continuing the exchange of perspectives, experiences, and knowledge, going beyond the pages of this book, and recognizing that the vitality and excellence of the fabric of family enterprises are fundamental for the development of a national system.
THE INSTANT NEW YORK TIMES BESTSELLER 'Chart a child's path with less stress and more optimization for healthy habits and future success' Time From age 5 to 12, parenting decisions get more complicated and have lasting consequences. What's the right kind of school? Should they play a sport? When's the right time for a phone? Making these decisions is less about finding the specific answer and more about taking the right approach. Along with these bigger questions, Oster investigates how to navigate the complexity of day-to-day family logistics. The Family Firm is a smart and winning guide to how to think more clearly - and with less ambient stress - about the key decisions of these early years.